Editorial New York Times
May 23, 2010

Few Americans know what a "medical loss ratio" is, but a fierce struggle over how to calculate it under the new health care reform law will determine how much insurers must spend on patient care and how much they can retain for administration and profits. This is but one of many battles that will emerge as federal and state regulators develop regulations to implement reform....Regulators will have to find an approach that prevents insurers from gaming the system...   Read in full